Let's Trade

8/24/21 - Markets likely need to rest today


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After a huge rally yesterday and the Fed's symposium  coming up later this week which is expected to cause some movement in the markets, we are likely going to see a pretty tempered day today. This is good for us day traders as it gives us opportunities to find good reliable patterns that will not be pulled one way or the other unexpectedly by the broader markets.

Some stocks being watched are SAVA, TWLO, and LMND. Only taking trades if t hey present good reliable patterns though!

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Let's TradeBy Derek Hutson